COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Same in Size
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Hard to say
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Detailed explanation-1: -E-Business is a wider term as compared to E-Commerce. E-Commerce is a subset of E-Business. E-Business includes all business activities conducted through the web or the internet.
Detailed explanation-2: -E-Commerce Vs E-Business While most believe that E-Commerce and E-Business can be used interchangeably, it is not so. While E-Commerce may refer to conducting online transactions, E-Business encompasses all the business activities and services conducted using the web.
Detailed explanation-3: -Report Overview. The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Increasing penetration of the internet is bolstering the smartphone-using population across the world.
Detailed explanation-4: -The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used in reference to the transactional processes that make up online retail shopping.